yet to be announced won’t stand in the way of rate hikes to combat inflation.member Martins Kazaks reiterated his belief that rates could be raised “quite quickly” should the need arise.
He told Bloomberg TV that if the ECB hiked 25 bp in July then a 50 bp move in September would be needed.he sectoral breakdown is broadly positive with healthcare and industrials leading the way while Utilities and real estate lag. Among the notable movers of the session, we have Porsche Automobil Holdings SE, Airbus SE and Siemens Healthineers leading the way with 3.5%, 2.2% and 1.8% respectively.From a technical perspective, we have bounced since creating a new monthly low last week.
. Once again, we rejected this level with a daily candle close below showing us any upside rally may be short lived. Unless we have a daily candle close above resistance, we will continue to be range bound between resistance and the psychological 13000 level.
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